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Bullboard - Stock Discussion Forum Beleave Inc BLEVF

Beleave Inc is a vertically integrated Canadian cannabis company. It operates streamlined facilities throughout Canada to cultivate high quality cannabis flower, oil and extracts with funded capacity more than 150,000 kilograms per year. Fully licensed to cultivate and sell medical and recreational cannabis, it is leading the way through research partnerships with universities to bridge the gap... see more

GREY:BLEVF - Post Discussion

Beleave Inc > When to Resume Trade?
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Post by Benj07 on Apr 22, 2020 12:12pm

When to Resume Trade?

Does Beleave have to wait until April 29th until OSC resumes trade?...cant be earlier no matter what?
Comment by Wallhalla on Apr 22, 2020 12:35pm
Here is a link to the order setting out the process.  The OSC could release the CTO if they are convinced Beleave is no longer in default, but the OSC is undertaking a "continuous disclosure review" and will go through the finanicals (among ohter things) with a fine tooth comb so who knows what they will find.  If the default is not fixed, there will be a hearing no sooner than ...more  
Comment by wildhorse65 on Apr 22, 2020 1:33pm
If BE is found to be fraudulent or dishonest with shareholders, can we file a classs action suit against the executive and the assets?
Comment by BigMoney81 on Apr 22, 2020 3:45pm
Let me know if we can. I've got over a million shares at roughly 15 cent average 
Comment by Wallhalla on Apr 22, 2020 4:03pm
It is possible. 
Comment by EdWStThomas on Apr 22, 2020 4:56pm
Sure, we can sue them. But they're totally out of money, so what's the point? I'm thinking they possibly can't even afford a lawyer at this stage. Time to walk away and cut my losses.
Comment by wildhorse65 on Apr 23, 2020 1:44pm
They have some real estate and I'd go after them personally if corruption is afoot. You're not protected by incorporation if you are found guilty of fraud. They wanna be sure their. Owes are clean. I suspect otherwise.
Comment by Wallhalla on Apr 23, 2020 5:57pm
Given 30% of top line cannabis revenues (YTD) go to the current CEO, and he beneficially owns the Hamilton property and the mllions of dollars of improvements Beleave paid for (and add in what appear to be reckless false statements, a lack of transparency, conflicts of interest and an addiitonal $75,000 to sit on the Board, plus bonuses) there may be an argument that the company is a facade ...more  
Comment by wildhorse65 on Apr 23, 2020 6:05pm
Much more succinctly put. Thanks Wally.
Comment by Highrider69 on Apr 23, 2020 7:01pm
Shareholders here are done unfortunately.  B.K and A.W took the entire fall for the Bridgemark Fraud and somehow nobody went to jail or was responsible to pay that $7 Million dollars back to Beleave.  Also a shocker that B.P wiggled out of this as clean as a whistle as if he didn't know what was going on.  Anyone that stayed in this company after the Bridgemark Scam is a fool ...more  
Comment by Benj07 on Apr 23, 2020 7:51pm
Its amazing the kind of trash this website attracts lmao...I mean look at this guy's profile picture hahahaha...oh and you only opened your account up 3 weeks ago......ignore another dork lol....dont worry guys BE will be fine eventually..take no notice of these trolls.
Comment by UFOmojo on Apr 27, 2020 11:17am
I hope you holders are planning a lawsuit